Curated News
By: NewsRamp Editorial Staff
November 06, 2025

iMD Companies Launches Cloud Mining for Bitcoin, Ethereum Classic & Dogecoin

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TLDR

  • iMD Companies' cloud mining of Bitcoin, Ethereum Classic, and Dogecoin using advanced ASICs provides strong daily revenue generation with lower operational costs.
  • iMD Companies will mine Bitcoin and Ethereum Classic using Antminer S23 systems and Dogecoin using high-efficiency Scrypt-algorithm ASICs through a U.S. data center.
  • iMD Companies' U.S.-based cloud mining operations support blockchain innovation while avoiding the environmental impact of individual mining setups through energy-efficient systems.
  • iMD Companies combines cutting-edge Antminer S23 and specialized Scrypt ASICs to efficiently mine Bitcoin, Ethereum Classic, and Dogecoin from a single cloud platform.

Impact - Why it Matters

This development matters because it represents the growing mainstream adoption of cryptocurrency mining by established companies, potentially making digital asset exposure more accessible to traditional investors. As energy-efficient cloud mining operations expand in the U.S., it could lead to more stable cryptocurrency networks and reduced environmental concerns compared to traditional mining operations. For investors, this signals how traditional companies are diversifying into blockchain technologies, creating new revenue streams while potentially driving broader acceptance of cryptocurrencies in conventional financial markets. The focus on established cryptocurrencies like Bitcoin and emerging favorites like Dogecoin also reflects evolving market trends that could influence future investment strategies.

Summary

iMD Companies, Inc. (OTC: ICBU) has announced its strategic cryptocurrency selection for cloud-based mining operations, marking a significant expansion into the blockchain sector. The Florida-based holding company revealed it will mine three major cryptocurrencies: Bitcoin (BTC), Ethereum Classic (ETC), and Dogecoin (DOGE) through a large U.S.-based data center infrastructure. This move represents iMD Companies' diversification beyond its healthcare focus into the rapidly growing cryptocurrency mining industry, leveraging advanced hardware and cloud-based solutions to maximize efficiency and revenue generation.

The mining operations will utilize specialized hardware optimized for each cryptocurrency, with Bitcoin and Ethereum Classic mining powered by Antminer S23 systems, while Dogecoin mining will leverage high-efficiency Scrypt-algorithm ASICs (Application-Specific Integrated Circuits) engineered for maximum hash rates and energy efficiency. According to CEO Rick Wilson, "The combination of cutting-edge ASICs and a reliable U.S. data center infrastructure is delivering impressive results." The company emphasizes the advantages of cloud mining, including cost efficiency by eliminating the need to purchase rapidly evolving ASIC hardware, avoid massive electricity costs, and bypass requirements for cooling systems and 24/7 maintenance. For additional details on iMD's cloud mining strategy, interested parties can visit imdcompaniesinc.com or review the company's latest filings on OTC Markets.

This strategic move positions iMD Companies to capitalize on the growing cryptocurrency market while maintaining operational efficiency through cloud-based solutions. The company's selection of established cryptocurrencies like Bitcoin, Ethereum Classic, and Dogecoin reflects a balanced approach targeting both mainstream and niche digital assets. As a holding company with dual focus on healthcare and blockchain technologies, this announcement signals iMD's commitment to leveraging technological innovation across multiple sectors. The company maintains an active presence on social media platforms including Twitter and Instagram for real-time updates, while encouraging stakeholders to monitor their progress through official channels and regulatory filings.

Source Statement

This curated news summary relied on content disributed by NewMediaWire. Read the original source here, iMD Companies Launches Cloud Mining for Bitcoin, Ethereum Classic & Dogecoin

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